Q1 - The Status Quo
There was a time in the not-so-distant past when a shortage of skilled workers in the power electronics sector was the status quo. If we turn our minds back to pre-COVID times, if indeed we still can, employers would consistently battle it out to find candidates for open positions. That created a very favourable jobs market for candidates that were looking to make their next move in the sector.
Towards the end of February, the total number of job postings for power electronics roles started to fall, but in the following weeks, demand continued to remain stable.
Q2 - The COVID Crater
Starting in March, the number of power electronics job postings started to fall. This coincided with the rise in the number of Covid-19 cases in the UK and across much of the world. That trend continued, with many businesses stuck in a state of uncertainty and hiring decisions delayed. As the quarter progressed, we began to see something that would have been unthinkable just a month or two before, with some employees in the power electronics sector being furloughed and even laid off.
Although the fall in demand was sector-wide, there were a few segments of the industry that were not equally affected. Perhaps unsurprisingly, demand in the medical sector remained strong, but other segments of the industry that did not feel the colossal impact of Covid-19 were few and far between.
Q3 - The Recovery
After upending everything, we are now starting to see the power electronics jobs market kickback and the recovery has been surprisingly strong. As employment demand starts to rise, we are seeing more job postings and an increase in new hires, with particularly strong interest in candidates with experience of design-in sales.
As with any downturn, there has also been an increase in demand for candidates who can help businesses do things more efficiently, which is further helping to drive the recovery of the power electronics jobs market.
The number of new power electronics roles in Q3 has risen month-on-month. From June to July, the total number of job postings remained flat. From July to August, it rose by 8 percent, and from August to September, it increased by a further 15 percent.
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31 Jan 2021
State of the Power Electronics Recruitment Market for Design and Sales
After a COVID-sized slump, the power electronics recruitment market for design and sales roles is now recovering. If you’re looking for a talented power electronics professional, our unique insights will show you why now could be a great time to hire.
18 Jan 2021
State of the Power Electronics Jobs Market for Design and Sales
It’s fair to say that the power electronics jobs market has been on a bit of a bumpy road over the last six months. However, if you’re looking for a new role in power electronics sales or design, the good news that the jobs market has bounced back. Demand is now on the up, with employers increasingly looking for candidates with design-in wins.
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At PER-International, the COVID-19 hiatus is over and we’re officially back to doing what we do best - connecting the world’s best electronics, power electronics, SMPS, UPS and semiconductor professionals with leading employers around the world.
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